Business Daily from THE HINDU group of publications
Saturday, September 23, 2006
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OPINION

EDITORIAL
Planning for funds
The Finance Ministry and the Plan panel have diverging views on the pattern of growth and financing the Plan. More

POLITICS
Chinese checkers
Unfortunately for Mr Shashi Tharoor, the winning candidate has to be the one who gets the unqualified support of either the US or China, no matter what France, the UK or Russia may think. More

TAXATION
Injury in computing `non-injurious price'
The real world today is cruel and harsh. "It respects power, not poverty or weakness, and power comes from a high level of industrialisation. Hence, if we wish to get respect in the comity of nations, we must make India a modern, powerful, highly ... More

Penalty issue in repayment of loans by cash
The same amount cannot represent both a loan and undisclosed income More

Disallowance and DTAAs
The ITAT ruling in the Herbalife case is important while applying the non-discrimination clause in DTAAs prior to assessment year 2004-05. More

Not a minor mistake
An advertisement by the Income-Tax Department shows a child in its nappies reminding his father about the impending due date for payment of advance tax. The Department seems to have taken the adage `child is a father of man' a tad too seriously. ... More

RBI & OTHER CENTRAL BANKS
IMF quota formula needs reality check
The second stage of the IMF quota review must consider need-based economic indicators while contemplating a revision of the outdated Bretton Woods formula. More

BOOKS
Today's hit is tomorrow's niche
Hits are not quite the economic force they once were, declares Chris Anderson, in The Long Tail, explaining why the sales that go with Number Ones are not what they used to be. The non-hits, which form the majority, or the long tail, often outweigh t he initial portion of the graph, says Anderson, giving marketers valuable insights into changing consumer behaviour. D. MURALI says this could be a heady read over the weekend. More






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